Nortel Networks Inc

 

Nortel in U.S. Loses $6M in One Month

Nortel Networks Inc., the U.S. subsidiary of Canada-based Nortel Networks Corp. (NT), lost $6 million between April 1 and May 2, according to a document filed late last week at the Securities and Exchange Commission. Revenue totaled $250 million. The losses are hefty for a single month and buoy speculation that Nortel will have a hard […]

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